£20 billion – £40 billion

By:
On:
Tagged: , ,

£20 billion – £40 billion

Brexit has dragged down the UK economy from 1% of GDP (£20bn a year) to 2% (£40bn a year).

According to the Financial Times, by the end of the first quarter of 2018, the UK economy was 1.2% smaller than it would have been without the Brexit vote. The £24bn hit to the economy amounts to an estimated “Brexit cost” of £450m a week or £870 a household per year.

Source: FT

Share this article:

Related Articles